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Central Bank

one dollar bills

Central bank chief says UAE benefiting from strong dollar

"The strong dollar helps the UAE. We have benefited a lot from the link to the dollar."

March 2, 2015 4:03
Close up AED 1000 bills,  UAE

UAE’s money exchange industry faces shake out as costs rise

The UAE's majority expatriate population transferred a net 66 billion dirhams ($18 billion) abroad in 2013

December 7, 2014 5:25

Banks in UAE in the dark and waiting

With the exact reasons for the central bank's silence a mystery, some bankers have speculated that the possibility of changes to key personnel may be responsible.

September 25, 2012 11:31

Egypt sells 2.5 billion Egyptian pounds of bonds

Egypt's central bank sold 2.5 billion Egyptian pounds ($409.65 million) of reopened five and seven-year bonds on Monday, the Ministry of Finance said.

September 4, 2012 10:50

Egypt to offer 2 billion Egyptian pounds in 5- & 10-year bonds

The five-year bonds mature on April 10, 2017, and carry a 16.55 percent coupon. The ten-year bonds mature on April 3, 2022, and carry a 17 percent coupon.

July 17, 2012 10:30

EMERGING OMAN:Despite risks Oman 2012 economy outlook positive

Oman's economy seems to have weathered the first quarter's global slowdown quite well and its 2012 outlook remains positive despite external risks, a central bank (CBO) report showed.

July 9, 2012 12:45

Yields fall on 6 billion pounds of Egyptian treasury bills

Yields declined on 6 billion Egyptian pounds ($990.9 million) in treasury bills sold at an auction on Thursday, the Ministry of Finance said.

July 5, 2012 5:45
uae banking lending limit extension

UAE banking sector to see slow but sustainable growth – SICO

Says central bank regulations to impact banking sector growth; Starts Abu Dhabi Commercial Bank with "neutral" rating

June 21, 2012 5:16
Central Bank of Egypt

Egypt sells more dollar T-bills than it sought

Egypt's central bank said it sold $526 million in one-year U.S.-dollar-denominated treasury bills on Tuesday, more than the $500 million it originally sought.

June 19, 2012 5:30
UAE Central Bank open to some lending limit exemptions - paper

UAE Central Bank open to some lending limit exemptions

The United Arab Emirates' central bank could grant exemptions to some banks over planned lending limits to sovereign and state-linked entities, pushing compliance beyond the September 30 deadline, its chairman told a local newspaper on Wednesday.

May 31, 2012 11:38